Everyone suffers. Now that work has ramped back up post pandemic, it is very apparent how our talent pools have been impacted.

It’s the worst kind of problem: hard to fix and slow to show fairly significant consequences.

Slow down your thinking and consider this: why would any practical person fully develop something without getting market feedback and understanding demand?

This is by the book “Preto-typing”. You can frame it as lying, but the reality is Apple had faith that all of the “faked” features in the demonstration would be fully developed before launch.

IBM did something similar before voice-to-text existed. They faked the technology during market research and discovered that people didn’t enjoy speaking to their computer as much as initially thought. It showed them that they could better invest that money elsewhere.

It would make zero sense and be a foolish use of capital to fully develop a product that complex and expensive without understanding market preferences.

This is a non-story, rage-bait headline.

I’m skeptical of a 1000 person survey, especially when overall home sales are still down.

That being said, some people may be getting tired of waiting and willing to gamble on refinancing with favorable interest rates in the future.

Anyone that bought when rates were still 2-3% isn’t selling unless they’re being forced. Why would they, considering their real interest rate is negative at this point.

This is a non-headline because it’s reporting on something that was expected to happen when interest rates rose.

That being said, this does suck for those who have yet to purchase their first home. Property investors buying with cash have no incentive to stop buying. This is where government should step in and regulate. Those conversations should be headlining instead.

That’s interesting, thanks for bringing that up! Just goes to show that there are always multiple sides and layers to every issue.

Exactly. Consequences are necessary to curb reckless behaviour. That’s why the leaders of these entities should be punished separately.

Well, yes and no. It’s grey like most things in life.

Banks and credit are a means to “grow the pie” by allowing us to factor in future value. Before banks and credit, the world was a zero sum game where one person only had because the other person had not.

They do serve a real purpose but are only valuable when properly managed.

I encourage everyone to read Outliers by Malcolm Gladwell.

Excellent book that covers this topic with examples ranging from successful businessmen to why most professional Canadian Hockey players are born around the same time of year.

So basically,

1. Banks will repossess vehicles to try and minimise losses
2. Banks will not be able to sell those repossessed vehicles, resulting in losses
3. Banks may become insolvent as they are unable to liquidate the vehicles
4. Government steps in to bail them out

New vehicle prices are not in line with their actual value, so banks are making loans that aren’t covered by the collateral. This is shit management by the banking industry. If it’s impossible to get an auto loan then vehicle prices will eventually fall as supply stacks up. Banks are feeding this cycle by being unrealistic in these loan assessments.

Apple will start selling subscription services to Android platforms including iMessage. It’s just a matter of time.

That’s a bit myopic. VC is just a fancy word for large financial backer.

You can basically credit the entire age of discovery (America, Australia, etc.) to “VC” in the form of kings and wealthy elite financing voyages.

I think modern VC goes awry when they become defacto decision makers for the venture in question.

I don’t believe historic models can accurately account for today’s level of globalisation.

I literally got my Masters degree because I got pissed off at work 2 years ago.

Everything like this just means now I have to spend more of my billable hours fighting through automated bullshit.

It looks like savings on paper, but the true cost is hidden when every other employee now spends more of their time not doing their actual job.

lol you act like posting on Facebook does something. Narcissistic assholes the lot

Why does every American feel the need to take a stance and vomit their opinions? It’s ok to just be quiet and observe.

I would love if they would just roll out an iMessage app to android. Ideally free.

I could realistically see them roll out an apple subscription pack to android eventually. Give users a way to access Apple Music, Fitness, etc. May even allow android users make use of Apple Watch.

I’m not an Apple fan boy, but this seems like a decent compromise from a business perspective. This meets a need and I don’t think there’s a decent enough argument that it would cannibalize iPhone sales (flagship models anyway)

You act like capitalism is something that was invented. Market economies have existed since the dawn of time.

Think of it more like a spectrum where free market and unregulated capitalism is on one end and economies under total state control are at the other.

There is clear evidence that one side of that spectrum favors innovation more than the other.

I guess you could argue that one end of the spectrum is more “moral” than the other, but I would counter that the opposite end is amoral rather than immoral.

You’re confusing economic systems with systems of government.

I’m interested to hear how you explain the drive to create streaming as an option to cable without including tenets of a market driven economy.

Reddit/Lemmy/Etc really has a hard-on to blame all bad things on capitalism. Capitalism is amoral. It is cold and uncaring. But not recognizing it as a driving factor for growth, innovation and societal advancement is a path of willful ignorance.

Everything has pros and cons in life.

Don’t blame tech, blame the bait-and-switch business model of loss leading products.

Uber never made money because they chose to undercut prices of all competitors and bleed them out.

I’d argue that newer streaming companies (those founded by studios, such as Disney +) did the same thing by roping in customers before jacking up prices.

It may be the “fault” of capitalism, but consider it was capitalism that birthed streaming in the first place. In the long term, the expectation would be a better solution will surface in reference to streaming… the same way streaming was a solution to cable. Thus is the business cycle.